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Areas To Invest: High-Speed Rail Through Palmdale, Ca
We’ve been talking about the Antelope Valley area (Lancaster/Palmdale – click HERE) being one of the best ones to invest in SoCal, and below is another reason to add why many of us have been investing in that area for years.
The plans for the high-speed rail network will create over 200,000 new jobs between Bakersfield, [...]
California Default Notices Fall 24% in 4Q
28. January 2010
California default notices have fallen because the banks do not want to foreclose, even though lots of homeowners are still defaulting. These numbers definitely do not mean that the RE market is recovering. See article and comments below:
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By ELLIOT SPAGAT, AP Business Writer Elliot Spagat, Ap Business [...]
10-Day Short Sale Time Limit May Spur Housing Market
23. January 2010
Short Sales – New U.S. Treasury guidelines that put a 10-day time limit on short sales, and add financial incentives for buyers and sellers could help homeowners on the verge of foreclosure.
Homeowners stuck while banks mull whether to approve short sales could benefit from new federal guidelines that give lenders a 10-day limit to respond [...]
Loan Principal Reduction Program For Investors
10. January 2010
Loan Principal Reduction Program – Scroll down past the article…
Servicers who lower distressed homeowners’ mortgage payments by reducing the principal balance, as opposed to just making interest rate adjustments, are much more likely to see the payments keep coming in and ward off a redefault, according to a new study published by the Federal Reserve [...]
Top 10 Real Estate Trainers on Twitter
1. January 2010
Top 10 Real Estate Trainers on Twitter – A great post borrowed from Megan McGinnis @ http://Megan-McGinnis.com:
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1. Peter Olsen | ( PeteOlsen on Twitter )
At Rent To Own Homes, LLC. we are looking for homes in all 50 states that we can rent to own!
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2. Joe Manausa | ( HousingReporter on Twitter )
Tallahassee Real Estate [...]
Real Estate Investing – Areas to Buy In (2 of 2)
20. December 2009
Real Estate Investing – What are the areas with the highest population and job growth in SoCal? I’ve pasted the excerpts from the SCAG reports below, but to summarize the results it’s the Antelope Valley (Palmdale/Lancaster) with a 168% population growth, and West Riverside County, with an 86% growth.
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North LA County Subregion (Antelope Valley) (pg [...]
Real Estate Investing – Areas to Buy (1 of 2)
20. December 2009
Real Estate Investing can be tricky and confusing, especially for beginners. So you’ve decided it’s time to start investing in Real Estate, since this truly is the “once in a lifetime opportunity” everyone is talking about, but don’t know which areas are the best to invest in?
Each locality has a Planning and Development organization, [...]
Free Real Estate Legal Forms
14. December 2009
Free real estate legal forms are not something you can use every time you need one, since each state has their own format and legal verbage. But if you are looking for free legal forms to use as a reference, this is a great website to find them: http://lectlaw.com/formb.htm
I use this website to find [...]
What Does Buying an “As Is” Home Really Mean??
13. December 2009
Buying an “As Is” Home article is correct regarding all of the points made, but it did omit one important item – there’s nothing wrong with asking for a price reduction, or cashback towards repairs, after the inspection has been completed.
When representing Buyers, even on a bank repo clearly listed as an “As Is” house, we [...]
Housing Slump May Worsen Next Year, Not Get Better
4. December 2009
Housing slump worsening is actually pretty good news for the real estate investors. With the way this recession has been going, it’s been hard to make heads or tails of anything. Rather than letting the economy take its natural predictable course, the government interference and all of the programs they’re coming up are delaying the inevitable.
The [...]
Hate It !!! House Votes To Expand Homebuyer Tax Credit
7. November 2009
Ok, so finally investors get a break and are able to benefit from the Home Buyer Tax Credit. But once again, there’s a problem – the tax credit gets phased out for those who earn over $125,000/yr. Why is it that those who fund the bailouts and these tax credits don’t get to benefit from [...]
Continue reading...FREE For RE Investors & Realtors – Daniel Pendley Event
4. November 2009
Hello Investors & Realtors,
This is sooooooooooooo exciting!!! A group of local RE Investors (myself, Ginger Macias, JJ San Jose, Megan McGinnis, Michael Brandt, Maynard Clarkson, etc) are involved in a project where one of the members personally knows Daniel Pendley! Daniel Pendley is a world-renowned real estate trainer and motivational speaker, and usually packs [...]
First Time Real Estate Investors – Getting Over Your Fear
17. October 2009
One of the biggest obstacles beginner real estate investors have to overcome is FEAR. Below are some ideas to help you overcome it. After the first few deals, buying and selling real estate becomes almost like buying a pair of shoes. You walk by, you see it, you like it, you analyze it, and you [...]
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30. January 2010
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